Deutsche Bank AG Acquires 27,938 Shares of Oceaneering International, Inc. (NYSE:OII)

Deutsche Bank AG raised its holdings in shares of Oceaneering International, Inc. (NYSE:OII - Free Report) by 45.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 89,923 shares of the oil and gas company's stock after acquiring an additional 27,938 shares during the period. Deutsche Bank AG owned approximately 0.09% of Oceaneering International worth $2,345,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of Oceaneering International by 334.5% during the 3rd quarter. Barclays PLC now owns 180,470 shares of the oil and gas company's stock valued at $4,489,000 after buying an additional 138,931 shares during the period. Fort Washington Investment Advisors Inc. OH raised its stake in Oceaneering International by 13.7% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 854,749 shares of the oil and gas company's stock valued at $22,292,000 after purchasing an additional 102,750 shares during the last quarter. Sheets Smith Wealth Management bought a new stake in shares of Oceaneering International in the 4th quarter worth approximately $522,000. Nisa Investment Advisors LLC increased its position in shares of Oceaneering International by 20.3% during the fourth quarter. Nisa Investment Advisors LLC now owns 17,030 shares of the oil and gas company's stock valued at $444,000 after purchasing an additional 2,869 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Oceaneering International by 72.6% during the 4th quarter. KBC Group NV now owns 5,210 shares of the oil and gas company's stock worth $136,000 after acquiring an additional 2,192 shares during the period. 93.93% of the stock is currently owned by institutional investors and hedge funds.

Oceaneering International Stock Down 0.1%

Shares of Oceaneering International stock traded down $0.03 on Wednesday, reaching $19.24. 41,657 shares of the company were exchanged, compared to its average volume of 908,789. The company has a market capitalization of $1.93 billion, a price-to-earnings ratio of 13.36 and a beta of 1.54. The company has a current ratio of 1.74, a quick ratio of 1.46 and a debt-to-equity ratio of 0.67. The company has a 50-day moving average of $18.94 and a 200 day moving average of $23.14. Oceaneering International, Inc. has a one year low of $15.46 and a one year high of $30.98.

Oceaneering International (NYSE:OII - Get Free Report) last issued its quarterly earnings data on Wednesday, April 23rd. The oil and gas company reported $0.43 EPS for the quarter, beating analysts' consensus estimates of $0.36 by $0.07. The firm had revenue of $674.52 million for the quarter, compared to analyst estimates of $651.96 million. Oceaneering International had a return on equity of 17.29% and a net margin of 5.54%. The company's revenue for the quarter was up 12.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. On average, equities research analysts forecast that Oceaneering International, Inc. will post 1.78 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research firms recently commented on OII. Wall Street Zen lowered Oceaneering International from a "buy" rating to a "hold" rating in a research report on Saturday. Pickering Energy Partners upgraded Oceaneering International from an "underperform" rating to a "neutral" rating in a research report on Wednesday, April 2nd. Finally, Barclays decreased their price target on shares of Oceaneering International from $22.00 to $21.00 and set an "equal weight" rating for the company in a report on Monday, April 28th. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company's stock. According to MarketBeat, Oceaneering International has a consensus rating of "Hold" and an average price target of $28.00.

Oceaneering International Profile

Oceaneering International, Inc provides engineered services and products, and robotic solutions to the offshore energy, defense, aerospace, manufacturing, and entertainment industries worldwide. It operates through Subsea Robotics, Manufactured Products, Offshore Projects Group, Integrity Management & Digital Solutions, and Aerospace and Defense Technologies segments.